subject: Finding Top Quality French Land For Sale [print this page] With the Euro losing strength significantly, people outside the Euro zone will find it easier to look at buying properties in a country like France - and looking for French land for sale is definitely now a very attractive investment opportunity. This was not the case until a few months back, when the Euro had appreciated and that meant people had to pay much more to buy French property. This had in fact led to a slowdown in the real estate market, and the overall growth was just over 4%.
However, experts feel that the French real estate market will be far stronger as compared to the UK one, primarily because of lower interest rates and that the President has also made some changes to the tax structure to make it easier for people to own homes.
If you are looking at France as an investment destination, want to buy property there and settle down in that country, then you could not have made a better choice. France has been relatively insulated from the various credit crunch problems plaguing the US and the UK due to better financial management, as well as prudent lending norms. The country offers an excellent lifestyle and in these times of recession is the best bet for you to make money on your investment.
The reasons given below further substantiate the above point.
New residents can take advantage of a path-breaking tax break in the form of an exemption for a period of five years from any wealth tax liability on assets they own overseas.
As mentioned earlier, the country is stable both politically and economically with great potential for growth and capital enhancement.
The track record of increasing figures in purchase and sale of real estate shows that there is regular and keen interest in people who wish to buy and sell property and land in France, and that augurs well for the future as well. You can therefore hope to sell your property without hassle once it has appreciated in value.
France remains a high volume holiday destination and that again is very positive news considering you can rent out your property to tourists for use as a vacation home and earn good money out of it.
At this stage, it is still worthwhile investing in France as rates have not run up as sharply as it has in other European countries.
UK residents will find looking for French land for sale particularly useful and profitable since property rates have shot up substantially in the UK, and areas south east of England are becoming out of reach for buyers looking to buy property the first time. The proximity to France, coupled with excellent accessibility, is making this country a preferred destination for investment in property and land.
Just a word of advice though. Once you have identified the property or land for sale, be aware of the cooling period of a week that you are entitled to even after signing the contract. This period has been provided to enable you to change your mind and you will still be able to come out of the struck deal.
